A photo posted by Justin Bieber (@justinbieber) on May 1, 2014 at 5:14pm PDT

Sadly, the song didn't make Ariana's upcoming album because it wasn't finished in time. That said, there is a plan to get it out there, and hopefully, it's going to be sooner rather than later—potentially with the pair just putting it out there as a stand-alone thank you to fans.

Asked by UK radio station Capital FM when the track is coming out, Ariana said: "I don't know! It's hard because, I feel like, I love the song and it's amazing, but we have to find the right time to put it out, because I already hit the deadline for my album.

"We finished it later, so we're trying to get it to our fans because we know it's what they want, but I feel like it's too late to put it on my project.

SO WHAT ARE YOU GOING TO DO?

"I'm kind of at a little bit of a dilemma," Ari added. "But yeah, we're going to put it out at some point. I feel like I would love to just give it to them, because they've been waiting so long for it anyway, I don't want to make them wait any longer.

She added: "I don't know, we're going to figure out a plan for it."

All we can say is that we'd happily receive it with open arms, preferably in about 5 minutes time. Okay?

What do you make of all this? Dying to hear the big collaboration? Comment below!